Industry Benchmarking Insights

Tax Prep, Planning & Strategy

UPDATE: Most Recent Changes in Response to COVID – 19

Earlier today Governor Hogan announced only those businesses designated as an essential business are allowed to remain open. The Governor included…

Tax Prep, Planning & Strategy

Thinking about converting from a C corporation to an S corporation?

The right entity choice can make a difference in the tax bill you owe for your business. Although S corporations can provide substantial tax…

Tax Prep, Planning & Strategy

UPDATE: Recent Tax Legislature Changes in response to COVID-19

Tax Filings Tax forms and payments won’t be due to the Internal Revenue Service until July 15 this year, Treasury Secretary Steven Mnuchin…

Tax Prep, Planning & Strategy

Setting up a Health Savings Account for your small business

Given the escalating cost of employee health care benefits, your business may be interested in providing some of these benefits through an employer-sponsored…

Tax Prep, Planning & Strategy

Understanding and controlling the unemployment tax costs of your business

As an employer, you must pay federal unemployment (FUTA) tax on amounts up to $7,000 paid to each employee as wages during the calendar year.…

Tax Prep, Planning & Strategy

The chances of an IRS audit are low, but business owners should be prepared

Many business owners ask: How can I avoid an IRS audit? The good news is that the odds against being audited are in your favor. In fiscal year…

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